The demand for glacial acetic acid is driven by the growth of the chemical sector, particularly in Asia, which is essential for manufacturing Purified Terephthalic Acid (PTA) in textiles and packaging. The market is expected to grow due to its potential as a sustainable solvent. Companies are investing in research and development to optimize production …
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Glacial Acetic Acid Market is projected to witness solid growth at approximately 6.5% CAGR over the forecast period 2019-2029
Global glacial acetic acid market is poised for strong growth at approximately 6.5% CAGR during the projection period (2019-2029). Multifaceted applications such as vinegar, paints, pharmaceuticals, inks, and in food & beverages industry are propelling the growth of glacial acetic acid market. Food preservation segment in particular is the growth engine of the market, says a recent …